
RXST STOCK UPDATE: RxSight, Inc. (NASDAQ:RXST) is being Sued for Securities Fraud – Contact BFA Law by September 22 Class Action Deadline
NEW YORK, July 26, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against RxSight, Inc. (NASDAQ: RXST) and certain of the Company's senior executives for potential violations of the federal securities laws.
If you invested in RxSight, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/rxsight-inc-class-action-lawsuit.
Investors have until September 22, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased RxSight securities. The case is pending in the U.S. District Court for the Central District of California and is captioned Makaveev v. RxSight, Inc., et al. , No. 25-cv- 01596.
Why Was RxSight Sued for Securities Fraud?
RxSight is engaged in the manufacture and sale of light adjustable intraocular lenses used in cataract surgery along with capital equipment used with the lenses. The Company's main product is its Light Adjustable Lens (LAL) that can be customized after cataract surgery through a series of non-invasive light treatments. These treatments, using a Light Delivery Device (LDD), adjust the lens's shape and power to optimize vision based on the patient's individual needs and preferences.
During the relevant period, the Company touted its strong LAL and LDD sales and failed to disclose 'adoption challenges' in its products. In reality, RxSight was experiencing a slowdown in LAL utilization that was first noted in 2024.
The Stock Declines as the Truth Is Revealed
On April 3, 2025, before the market opened, RxSight cut its 2025 full-year revenue forecast citing a 'softening' of the market that purportedly occurred 'in the second half of 2024.' On this news, the price of RxSight stock declined roughly 38%, from $26.12 per share on April 2, 2025, to $16.21 per share on April 3, 2025.
Then on July 8, 2025, the Company further cut its 2025 full-year revenue forecast. RxSight attributed the adjustment to 'the slower ramp in LAL utilization that was first noted in 2024' and '[a]doption challenges over the last few quarters.' On this news, the price of RxSight stock declined roughly 38%, from $12.79 per share on July 8, 2025, to $7.95 per share on July 9, 2025.
Click here for more information: https://www.bfalaw.com/cases-investigations/rxsight-inc-class-action-lawsuit.
What Can You Do?
If you invested in RxSight you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases-investigations/rxsight-inc-class-action-lawsuit
Or contact:Ross Shikowitz
[email protected]
212.789.3619
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA , The Legal 500 , and ISS SCAS , and its attorneys have been named 'Elite Trial Lawyers' by the National Law Journal , among the top '500 Leading Plaintiff Financial Lawyers' by Lawdragon , 'Titans of the Plaintiffs' Bar' by Law360 and 'SuperLawyers' by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
https://www.bfalaw.com/cases-investigations/rxsight-inc-class-action-lawsuit
Attorney advertising. Past results do not guarantee future outcomes.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
16 minutes ago
- Business Wire
LMT Investors Have Opportunity to Lead Lockheed Martin Corporation Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Lockheed Martin Corporation ('Lockheed Martin' or 'the Company') (NYSE: LMT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between January 23, 2024 and July 21, 2025, inclusive (the 'Class Period'), are encouraged to contact the firm before September 26, 2025. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at or by email at bschall@ The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Lockheed Martin failed to maintain appropriate internal controls over risk adjusted contracts and the reporting of its risk adjusted profit booking rate. The Company proved incapable of maintaining effective procedures to perform comprehensive reviews of programs including technical complexities and risks. The Company overstated its ability to effectively deliver contractual commitments at high quality on time and under budget. The Company was therefore likely to report significant losses. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Lockheed Martin, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


Indianapolis Star
an hour ago
- Indianapolis Star
Stop the Corporate Rhetoric – SMX Makes Decarbonization Measurable, Not Marketing
NEW YORK, NY / ACCESS Newswire Europe is reaching a pivotal moment in its industrial transformation. And Systemiq's latest report, Fossil-Free Plastics: Driving Clean Industrial Leadership in Europe, commissioned by Vioneo, presents a compelling roadmap for reducing carbon emissions from plastic production by accelerating green methanol-to-olefins (MTO) and other fossil-free pathways. It's a vital piece of the puzzle. But there's a critical missing layer-one that can't be filled by chemistry or policy alone. That missing layer is infrastructure-not of pipes and plants, but of trust and traceability. Because scaling fossil-free plastics isn't just about making new materials or announcing new targets-it's about proving what something is, where it came from, and where it ends up. That's no small feat. But it's exactly what SMX Ltd. (NASDAQ: SMX) enables. In fact, it does all of that-and more. The Systemiq report rightly emphasizes accelerating MTO as a viable, cost-competitive drop-in solution for polyethylene and polypropylene. It also identifies four essential drivers to achieve market readiness: early adopter customers, alignment with EU frameworks, harmonized carbon accounting, and smart public funding. SMX Can Be the Digital Backbone of Circularity What the report doesn't mention-but urgently should-is that none of those initiatives can succeed without a verifiable way to track, audit, and certify materials from origin to shelf to end of life. That's where SMX changes the game. It's not just a breakthrough-it's the enabling technology that ties it all together. And the best part? SMX technology isn't speculative. It's operational right now for any company serious about turning circular economy goals into real, measurable action. In this space, SMX may be the only fully scalable platform that connects intention with accountability at the molecular level. By permanently marking materials, including green methanol-based plastics, SMX enables seamless, end-to-end tracking across the entire supply chain. From production to post-consumer recovery, every link is traceable, transparent, and verifiable. Imagine a polymer produced from forestry waste, converted through MTO, and encoded with a forensic signature at its origin. That material can then be audited in real time by brand owners, regulators, and recyclers at any stage of its lifecycle. It's not just about compliance. It's about building confidence. And unlike outdated chain-of-custody systems, SMX provides tamper-proof verification. No guesswork. No greenwashing. Just proof. Meeting the Market Where It's Headed Systemiq's analysis makes one thing clear: even if Europe hits every recycling, reuse, and reduction target, the continent will still need around 28 million tonnes of virgin plastics annually by 2050. The solution isn't to cut demand-it's to decouple virgin production from fossil fuels. This means leveraging biomass, captured CO₂, and other renewable resources to meet demand while reducing emissions. It's a valid vision. But visions don't raise capital. Data does. To unlock the billions in projected investments and demand-side commitments, this transition needs more than ambition. It needs infrastructure investors can trust. SMX delivers that. Its PCT system lets companies permanently mark, register, and monetize plastic on an open platform-turning environmental claims into certified, tradable assets. Think of it as carbon credits 2.0, only grounded in physical reality. This is especially timely as EU frameworks like the Digital Product Passport (DPP) and Extended Producer Responsibility (EPR) begin requiring exactly this level of verifiable visibility. Building Trust in a Low-Trust Transition Let's not forget: Europe's shift to fossil-free plastics is as much a credibility challenge as a technical one. Green methanol producers, polymer converters, and brand owners won't just need to say their materials are sustainable-they'll need to prove it. SMX gives them that power. With real-time, tamper-proof traceability, every player in the value chain can operate with confidence. That's how early-stage investments get de-risked. That's how high-spec offtake agreements in food packaging and healthcare get signed. And that's how entire markets get built, not just imagined. Policy Can't Carry the Load Alone Systemiq's recommendations for demand-side targets, harmonized metrics, and regulatory clarity are spot on. But they're not enough. Without standardized, verifiable systems to track compliance, even the best-intentioned regulations become bottlenecks instead of catalysts. Europe has the ambition. MTO and similar innovations have the chemistry. But only SMX offers the infrastructure to make both scalable, provable, and investable. If Europe wants to lead in fossil-free plastics, it must also lead in how those materials are verified, measured, and trusted. Traceability isn't optional-it's foundational. SMX has already built the infrastructure. It's proven. It's available. The time for rhetoric is over. With SMX as an ally, time and words are better spent on implementation. About SMX (Security Matters) Public Limited Company As global businesses face new and complex challenges relating to carbon neutrality and meeting new governmental and regional regulations and standards, SMX is able to offer players along the value chain access to its marking, tracking, measuring and digital platform technology to transition more successfully to a low-carbon economy. Forward-Looking Statements The information in this press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words 'anticipate,' 'believe,' 'contemplate,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecast,' 'intends,' 'may,' 'will,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would' and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: matters relating to the Company's fight against abusive and possibly illegal trading tactics against the Company's stock; successful launch and implementation of SMX's joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in SMX's strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; SMX's ability to develop and launch new products and services, including its planned PCT; SMX's ability to successfully and efficiently integrate future expansion plans and opportunities; SMX's ability to grow its business in a cost-effective manner; SMX's product development timeline and estimated research and development costs; the implementation, market acceptance and success of SMX's business model; developments and projections relating to SMX's competitors and industry; and SMX's approach and goals with respect to technology. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company's shares on Nasdaq; changes in applicable laws or regulations; any lingering effects of the COVID-19 pandemic on SMX's business; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which SMX operates; the risk that SMX and its current and future collaborators are unable to successfully develop and commercialize SMX's products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that SMX is unable to secure or protect its intellectual property; the possibility that SMX may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in SMX's filings from time to time with the Securities and Exchange Commission. The post Stop the Corporate Rhetoric – SMX Makes Decarbonization Measurable, Not Marketing appeared first on DA80 Hub.
Yahoo
an hour ago
- Yahoo
JD.com, Inc. (JD) Registers a Bigger Fall Than the Market: Important Facts to Note
Inc. (JD) closed the most recent trading day at $32.23, moving -2.98% from the previous trading session. The stock fell short of the S&P 500, which registered a loss of 0.3% for the day. On the other hand, the Dow registered a loss of 0.46%, and the technology-centric Nasdaq decreased by 0.38%. Coming into today, shares of the company had gained 1.78% in the past month. In that same time, the Retail-Wholesale sector gained 2.65%, while the S&P 500 gained 3.64%. Analysts and investors alike will be keeping a close eye on the performance of Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.5, indicating a 61.24% decline compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $46.93 billion, indicating a 17.03% increase compared to the same quarter of the previous year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.48 per share and a revenue of $180.05 billion, signifying shifts of -41.78% and +12%, respectively, from the last year. Investors should also note any recent changes to analyst estimates for Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 39.49% lower. At present, Inc. boasts a Zacks Rank of #5 (Strong Sell). Looking at valuation, Inc. is presently trading at a Forward P/E ratio of 13.41. This indicates a discount in contrast to its industry's Forward P/E of 22.39. We can additionally observe that JD currently boasts a PEG ratio of 3.96. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Internet - Commerce industry was having an average PEG ratio of 1.68. The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 89, which puts it in the top 37% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow JD in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (JD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research